Sphere Entertainment Stock

Sphere Entertainment Market capitalization 2024

Sphere Entertainment Market capitalization

1.55 B USD

Ticker

SPHR

ISIN

US55826T1025

In 2024, Sphere Entertainment's market cap stood at 1.55 B USD, a 23.16% increase from the 1.26 B USD market cap in the previous year.

The Sphere Entertainment Market capitalization history

YEARMarket Capitalization (undefined USD)
20241.55
20231.15
2022-
2021-
2020-
2019-
2018-
2017-

Sphere Entertainment Aktienanalyse

What does Sphere Entertainment do?

Madison Square Garden Entertainment Corp is a company that was founded in 2020 and is headquartered in New York City. The company is a leading provider of live entertainment experiences in the United States and employs over 3,000 employees. The history of Madison Square Garden Entertainment Corp dates back to 1879 when the first Madison Square Garden was opened in New York City. The building initially served as a venue for horse and dog shows, as well as boxing matches and circus performances. Over the years, the building has been renovated, expanded, and modernized to offer different types of live entertainment. Today, Madison Square Garden Entertainment Corp operates in various business sectors, including concerts, sports events, theater productions, comedy shows, and art and cultural events. The company offers a wide range of products and services tailored to the different interests and preferences of its customers. In the concerts sector, Madison Square Garden Entertainment Corp is one of the leading providers in the United States. The company organizes concerts by international stars such as Bruce Springsteen, Lady Gaga, Elton John, or Justin Timberlake. Emerging artists are also supported by the company to give them the chance to showcase their talent to a wide audience. In the sports events sector, Madison Square Garden Entertainment Corp organizes some of the most prestigious events such as the annual US Open in tennis or the Masters in golf. The company is also active in basketball and ice hockey, operating two of the most well-known NBA and NHL teams, the New York Knicks and the New York Rangers. The company also operates several theaters in New York City, offering a wide range of Broadway productions. Madison Square Garden Entertainment Corp also organizes annual events such as the Tony Awards ceremonies or the Macy's Thanksgiving Day Parade. Additionally, the company recently launched a new division called "MSG Sphere." This is a high-tech entertainment arena equipped with state-of-the-art AV, VR, and AI technology, aiming to provide viewers with a unique experience. Madison Square Garden Entertainment Corp has managed to establish itself as a leading provider of live entertainment in the United States over the years. The company offers its customers a wide range of events and products tailored to different interests and preferences. With the new division "MSG Sphere," the company is also focusing on innovative technologies to offer even more unique experiences in the future. Sphere Entertainment ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Sphere Entertainment's Market Capitalization

Sphere Entertainment's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Sphere Entertainment's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Sphere Entertainment's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Sphere Entertainment’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Sphere Entertainment stock

What is the current Sphere Entertainment market capitalization?

The current market capitalization of Sphere Entertainment is 1.55 B USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Sphere Entertainment.

How has the market capitalization of Sphere Entertainment developed in recent years?

The market capitalization of Sphere Entertainment has increased/decreased by 23.16% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Sphere Entertainment?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Sphere Entertainment?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Sphere Entertainment have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Sphere Entertainment pay?

Over the past 12 months, Sphere Entertainment paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Sphere Entertainment is expected to pay a dividend of 0 USD.

What is the dividend yield of Sphere Entertainment?

The current dividend yield of Sphere Entertainment is .

When does Sphere Entertainment pay dividends?

Sphere Entertainment pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Sphere Entertainment?

Sphere Entertainment paid dividends every year for the past 0 years.

What is the dividend of Sphere Entertainment?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Sphere Entertainment located?

Sphere Entertainment is assigned to the 'Communication' sector.

Wann musste ich die Aktien von Sphere Entertainment kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Sphere Entertainment from 10/2/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 10/2/2024.

When did Sphere Entertainment pay the last dividend?

The last dividend was paid out on 10/2/2024.

What was the dividend of Sphere Entertainment in the year 2023?

In the year 2023, Sphere Entertainment distributed 0 USD as dividends.

In which currency does Sphere Entertainment pay out the dividend?

The dividends of Sphere Entertainment are distributed in USD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von Sphere Entertainment

Our stock analysis for Sphere Entertainment Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Sphere Entertainment Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.